Eurozone ministers approve Greek bailout deal

Last Updated: Saturday, August 15, 2015, 02:50

Eurogroup President Jeroen Dijsselbloem said late Friday that the finance ministers` meeting on Greece turned out "positive" and Greece is expected to get a new loan worth up to $95 bn.

Greek lawmakers back 3rd bailout after all-night debate

Last Updated: Friday, August 14, 2015, 15:43

Greek lawmakers approved their country's draft third bailout in a parliamentary vote on Friday that relied on opposition party support and saw the government coalition suffer significant dissent.

Greece`s Tsipras: Bridging loan would be a `return to crisis without end`

Last Updated: Friday, August 14, 2015, 13:07

Greek Prime Minister Alexis Tsipras warned Friday that a German proposal to give his debt-ridden country a bridging loan rather than agree a new bailout would be "a return to a crisis without end".

Greek economy grew 0.8% in Q2, averted recession in Q1

Last Updated: Thursday, August 13, 2015, 19:01

The figures showed second quarter growth up 1.4 per cent compared to the same period the previous year.

Greece will tumble back into deep recession in 2015: EU

Last Updated: Wednesday, August 12, 2015, 18:30

The Greek economy, which crawled out of a six-year recession only in 2014, will shrink 2.3 percent in 2015 and another 1.3 percent in 2016, the sources said.

Greece, creditors fine-tune third bailout

Last Updated: Wednesday, August 12, 2015, 18:25

Athens and its creditors were set today to put the finishing touches to a third international bailout agreement aimed at saving Greece's stricken economy from collapse.

Greece's third bailout agreed 'in principle'

Last Updated: Tuesday, August 11, 2015, 19:50

"What we don't have is a political agreement," said Commission spokeswoman Annika Breidthardt, hours after Athens suggested that the deal was all but done.

Greece reaches deal with creditors

Last Updated: Tuesday, August 11, 2015, 12:15

Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks, a government source said Tuesday.

Greece to cut MP tax breaks, minister salaries: Tsipras

Last Updated: Monday, August 10, 2015, 20:41

"The political system must be responsive to the feelings of society," Tsipras told ministers according to a government note.

Greek PM sees bailout deal after August 15

Last Updated: Friday, August 7, 2015, 01:32

Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed Thursday that Athens and its international creditors "can and must" reach a bailout deal after August 15.

''Greek economy to be one third smaller than at peak level''

Last Updated: Wednesday, August 5, 2015, 23:19

A leading economic think tank on Wednesday forecast that Greece`s GDP will shrink this year by three percent and 2.3 percent next year. Thus it will eventually be nearly a third smaller than it was at its peak.

ECB leaves stopgap funding for Greek banks unchanged

Last Updated: Wednesday, August 5, 2015, 21:59

The European Central Bank decided Wednesday to leave its emergency credit lifeline for Greece unchanged for the next two weeks, said a source close to the matter who asked not to be identified.